Great Basin Gold Ltd. (fka GBGLF)

[dano9008]

Specifics please....my first chapter 11 case. The thing that worries me the most here is whether the sale proceeds after expenses go to paying down our debt obligations or whether the chapter 11 context might enable creditors to take possession of assets and thereby benefit from the sale without significant diminishment of the claims hurdle. Maybe thats a dumb question, I suppose that question is answered by the fact that there is a DIP loan in the works, but that is my biggest worry so I'll throw it out there anyway.